$749,900 - 50 Grand Avenue Unit 1013, Cambridge
Condo for Sale in Cambridge
Popular Listing- MLS Number
- X13230282
- Property Type
- Condo
- Status
- active
- Days on Site
- 11
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Cambridge
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- CORCORAN HORIZON REALTY
Perched directly along the river at 50 Grand Avenue South, this beautifully appointed two bedroom, two bathroom suite offers one of the most coveted waterfront positions in the building. Floor to ceiling windows frame unobstructed river views that fill every corner of the open concept living space with natural light and a sense of calm that is truly hard to replicate.The modern kitchen is thoughtfully laid out with quality cabinetry and generous counter space, flowing naturally into the living and dining areas, making everyday living and entertaining equally enjoyable. Step out onto the large private balcony and take in the panoramic river scenery morning, evening, or any moment in between.The primary bedroom is a comfortable retreat with generous closet space and a private ensuite, while the second bedroom adapts well to guests, family, or a dedicated home office. A second full bathroom adds everyday practicality to the layout.This unit also includes a premium oversized parking space on the main level, ideal for larger vehicles or convenient accessibility needs as well as a storage locker. Waterfront living at this address offers a wonderful balance of comfort, practicality, and views that make coming home something to look forward to.
Estimate your monthly payments for this property
Estimated Payment
$3,847.38/mo
Includes CMHC insurance ($20,922)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Cambridge
Cambridge is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Cambridge
- •Convenient location in Cambridge
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Cambridge offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
50 Grand Avenue Unit 1013, Cambridge
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $750/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: Cambridge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.